- Mutual Funds
- LIC Mutual Fund
- LIC MF Balanced Advantage Fund (Growth)
LIC MF Balanced Advantage Fund (Growth)
₹ 11.2427
NAV (Sep 29)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.2427
NAV (Sep 29)
Fund Returns
Last 1Y | 12.1% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 6.4% |
6 Month CAGR | 10.3% |
Scheme Information
The investment objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity,debt and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity,debt and money market instruments. However,there is no assurance or guarantee that the investment objective of the Scheme will be realized.
Expense Ratio | 2.14 |
Launched (2y ago) | Nov 12, 2021 |
AUM in Crores | 1003.795 |
ISIN | INF767K01QV6 |
Lock-in | No Lock-in |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.33 |
Returns Calculator Comparison
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for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| LIC MF Balanced Advantage Fund (Growth) | NaN | NaN | % | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
cash offset for derivatives
16.7%7.26% govt stock 2032
9%icici bank ltd
8.9%hdfc bank ltd
8.8%reliance industries ltd
5%Allocation by Sector
financial services
31.4%technology
8.7%consumer cyclical
8.5%consumer defensive
5.3%energy
5%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 25,274 cr | ||
₹ 9,394 cr | ||
₹ 1,335 cr | ||
₹ 978 cr | ||
₹ 3,302 cr |
About the AMC
LIC Mutual Fund Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.6% | 6.9% | ||
4.1% | 5.4% | ||
4.1% | 5.4% | ||
20.2% | 13.3% | ||
4.6% | 6.4% |
LIC MF Balanced Advantage Fund (G) Review
LIC MF Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 6.4% over a period of 1 years. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund managers are Jaiprakash Toshniwal, Rahul Singh, Yogesh Patil.
Nav of LIC MF Balanced Advantage Fund (G) as of 9/29/2023 is ₹11.24 with the total AUM as of 10/3/2023 is ₹1003.795. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Balanced Advantage Fund (G) was launched on Nov 12, 2021. The category risk of the fund is Very High Risk.
The minimum SIP amount for LIC MF Balanced Advantage Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Frequently Asked Questions
What is LIC MF Balanced Advantage Fund (G)?
How to invest in LIC MF Balanced Advantage Fund (G)?
You can invest in LIC MF Balanced Advantage Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of LIC MF Balanced Advantage Fund (G)?
The minimum sip amount for LIC MF Balanced Advantage Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is LIC MF Balanced Advantage Fund (G) good to invest in?
As per Scripbox experts, LIC MF Balanced Advantage Fund (G) is a Not Reviewed Yet fund. You can investLIC MF Balanced Advantage Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the LIC MF Balanced Advantage Fund (G)?
The expense ratio of the LIC MF Balanced Advantage Fund (G) is 2.14% for regular plan.